NORTH CANTON, Ohio - As the financial services marketplace continues to move toward Triple DES compliance, Diebold Inc. and Trusted Security Solutions have entered an agreement to offer an end-to-end solution for deploying cryptographic keys to ATMs, according to a news release.
Diebold and Trusted Security together will offer a manual unique initial key deployment solution and a remote key transport solution that will assist in meeting the requirements of ANSI Standard X9.24 for retail key management. According to the agreement, Diebold will market Trusted Security's A98 Key Management System in its solution set for Triple DES. Trusted Security will provide training and support for Diebold's sales effort.
The solution provides financial institutions with a process to deploy cryptographic keys and ensures that the initial key and the unique key assigned to an ATM are secret and untraceable. Compliant with all current key encryption standards, the solution eliminates many of the costs and inefficiencies related to the manual process, including the use of noncompliant global keys, the need for manual audit logs, the time-consuming generation of key components, the wait time associated with the delivery of key packages to ATM sites and the costs and inefficiencies imposed by traditional processes.
"Our goal is to provide the most comprehensive solutions for Diebold customers," said David Bucci, senior vice president of Diebold's Customer Solutions group. "Our customers asked for a remote-key option, and our collaboration with Trusted Security Solutions delivers it to them."
